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$USGDPQQ -US Economy Slows More than ExpectedECONOMICS:USGDPQQ 2.3%
(Q4/2024)
source: U.S. Bureau of Economic Analysis
- The US economy expanded an annualized 2.3% in Q4 2024, the slowest growth in three quarters, down from 3.1% in Q3 and forecasts of 2.6%.
Personal consumption remained the main driver of growth, but fixed investment and exports contracted.
Considering full 2024, the economy advanced 2.8%.
S&P 500 Analysis: Retest or Breakout Toward New Highs?S&P 500 Technical Analysis
The price has stabilized in the bullish zone and continues to maintain upward momentum.
A potential retest of 6,051 is expected before another push toward 6,074 and 6,103. A 1-hour or 4-hour candle close above 6,103 would confirm further bullish continuation toward 6,143, potentially marking a new all-time high (ATH).
However, a 4-hour candle close below the pivot level at 6,051 could trigger bearish pressure, driving the price down toward 6,020.
Key Levels:
Pivot Point: 6051
Resistance Levels: 6077, 6103, 6122
Support Levels: 6020, 5997, 5970
Trend Outlook:
Bullish while above 6051
GBPUSD Technical Analysis and OutlookPrevious Observations:
Long-term Downtrend: Confirmed downtrend from mid-2021.
Major Support Breach: Below 1.2000 in late 2022.
Recent Recovery Attempt: Above 1.2400, buying pressure still evident.
Key Resistance Zones (1h): Current level @ 1.2450
Key Resistance Zones (4h): 1.2500-1.2600.
Key Support Zones (Weekly): 1.2000 and 1.1800 - There's room to keep pushing lower.
Potential Buying Climax (Daily, 4h, 1h): Steepness of recent rise hints at possible pullback.
Additional Bearish Confirmations for Potential Shorts :
- Price tested and bounced off the 200 EMA several times in Dec 2024 (4h).
- The pair is currently hovering around the 50% retracement level of the recent short-term decline, a common area for price reversals.
- Bearish divergence confirmations have already presented this week on the hourly time frame. This is a tell-tale sign of institutional orders being filled at specific levels and generation of further supply. (This may be the conclusion of a 'PHASE C' in a redistribution cycle).
- The dollar shows no signs of weakening against the GBP both in technicals as well as fundamentals (Recent data shows the U.S. economy added 256,000 jobs in December, surpassing forecasts and reinforcing a strong dollar narrative).
Conclusions:
Considering that we see a trendline breakout followed by strong bearish reactions which are ideally happening at HTF supply levels, we can assume that the fractal nature of the markets will play out accordingly. We should not ignore the fact that price has reacted from LTF demand or that we saw a recent bullish imbalance filled- entering shorts off the current supply level should only be done with sufficient confirmations (we may have to look at how the London session open influences price action).
Disclaimer:
This analysis is for informational purposes only and should not be considered financial advice. Trading involves significant risk, and it's essential to conduct your own thorough research and analysis before making any investment decisions. Past performance is not indicative of future results. Always use appropriate risk management techniques and trade responsibly.
$USINTR -U.S Interest Rates ECONOMICS:USINTR
(January 2025)
source: Federal Reserve
-The Fed kept the funds rate steady at the 4.25%-4.5% range as expected, pausing its rate-cutting cycle after three consecutive reductions in 2024.
The Fed showed more optimism about the labor market and noted that inflation remains somewhat elevated, removing the reference to ongoing progress toward the 2% target.
The Fed also said the economic outlook is uncertain, and is attentive to the risks to both sides of its dual mandate.
DOWN on a 4th wave soonONCE THIS 4TH WAVE COMPLETES
We will have a LONG opportunity for Wave 5 of V.
Waves 1, 3, and 5 are impulsive In the trend and complex, containing 5 waves inside the fifth wave.
Some Elliotitions only trade wave 5, I have seen 7 waves, 9, waves, even 12 waves in the trend direction, UP, but these are extraordinary.
day traders pay attention the reversal / PT number it's at R5, we might get R6. tight trailing stops, protect your profits.
Gold 1H Intra-Day Chart 30.01.2025Gold has ONCE AGAIN created another new ATH. We seem to be creating a new all-time after all-time high. However Gold is now overbought & needs a serious correction.
Option 1: Gold pushes a little higher towards $2,800 before coming back down.
Option 2: Gold correct towards $2,780-70 before it pushes back up early next week, towards $2,816.
GBP/USD UPDATE ON TRADEGBP/USD 1H - As you can see price is playing out really well now and we have seen price continue to trade us lower from the zone we marked out after activating our pending order.
I am expecting price to pullback slightly before a continuation to the downside, I feel we could see our TP hit by early next week. I want to see the last low made broken, giving us further confluence.
This trade is running + 60 pips. (+ 3%) 3RR
I have gone ahead and closed 50% of my position here, banking 1.5% and leaving 0.5% of the trade running, this guarantees a return from the trade regardless of the outcome now.
A big well done to those of you who jumped on and took part in this trade, what way to come to the end of the week, back on top and ending the week up again! Be sure to manage you trades right!
SUSDT - a pattern as text bookS looks bullish as it breakout the trendline in 4h chart
consolidation a v bottom pattern as text book... price acton expected to be a shown in chart
(breakout the neckline , retest then continuation in bullish)..
expected 25% bullish rally in coming days
Best regards Ceciliones🎯
DOT/USDT | 4-Hour Rejection SetupThis DOT/USDT 4-hour chart highlights a potential short setup at a key supply zone:
Entry: $6.373, anticipating rejection from the order block (OB) zone.
Stop-Loss: Placed at $6.556, above the OB zone for risk mitigation.
Take-Profit: Targeting the $6.006 level for potential gains.
This setup aligns with the previous supply zone, making it a strong resistance area. Confirmation from volume and candlestick patterns is recommended before entering.
Analysis and review of TLM: Is it time to buy? Read the caption.hello friends
You can see that the price has started to fall after a strong movement to resistance and after falling, it is placed in a descending channel, which made the bottom of the channel a classic pattern for us.
Now we can enter the transaction with the successful channel failure.
And at least put ourselves under the last floor.
*Trade safely with us*
ECB rate cut expected: what does it mean for EURUSD?The ECB is expected to cut rates by 25 basis points today, with three more cuts anticipated before the end of the year. If they commit to this path and EURUSD breaks below support, the pair could resume its multi-week and multi-month bearish trend.
What's your take on the ECB rate meeting today? Will they remain dovish, or could they turn hawkish despite Germany’s GDP contracting and inflation at 2.4%?
Share your thoughts in the comments below!
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Why Market Cap is Misleading for XRP🔥 Why Market Cap is Misleading for XRP 🔥
Many dismiss XRP’s potential because they believe a high price would make its market cap “too big”—but that’s a fundamental misunderstanding! ❌ Unlike stocks or Bitcoin (which act as stores of value), XRP is a utility asset designed for global payments. Let’s break it down:
1️⃣ Market Cap Doesn’t Apply to Transactional Assets
📊 Stocks & Bitcoin are held in portfolios, so market cap is a useful metric.
🌍 XRP is built for real-time transactions—it moves money, not just stores it!
🔹 Comparing XRP’s market cap to Bitcoin’s is like comparing Forex trading volume to a country’s GDP—they measure completely different things!
2️⃣ XRP Should Be Measured by Global Transactions
💰 Forex trades over $2,700T annually—that’s 27× the global GDP!
💳 Cross-border payments exceed $150T per year—XRP’s primary use case.
⚡ Unlike stocks, XRP can be used multiple times a day, increasing its efficiency and demand.
3️⃣ XRP Supply Shrinks Over Time 🔥
⏳ Every XRP transaction burns a small amount of XRP, reducing supply over time.
📈 As demand increases and supply decreases, price pressure naturally rises.
✅ The Takeaway
🚀 Stop using stock market logic to evaluate XRP—it doesn’t fit!
🔑 XRP’s real value comes from global adoption, speed, and efficiency, not from its market cap.
💡 The real question: How much global money will XRP move? That’s what determines its price potential! 🌎💰
XRP 45 min chart looks promising for a break out The 45-minute chart for XRP presents a potentially bullish outlook, with a forming flag pattern hinting at a continuation of the upward trend. Furthermore, the 50-200 moving average golden cross reinforces this optimistic view.
Key levels to monitor:
Resistance: 3.21
Breakout above this level could confirm the bullish flag pattern and propel XRP upward.
The golden cross, coupled with the flag pattern, suggests a potential buying opportunity. A successful breach of the 3.21 resistance level could trigger a rally, making this a critical level to watch